Museums and Galleries: VAT Refund Scheme

House of Lords written question – answered on 27th March 2001.

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Photo of Lord Freyberg Lord Freyberg Crossbench

asked Her Majesty's Government:

What is their estimate of the revenue which will be foregone by the Treasury as a result of the Budget scheme to enable non-charging national museums to reclaim VAT; and how much revenue is currently foregone by the Treasury under the existing scheme whereby charging museums can reclaim.

Photo of Lord McIntosh of Haringey Lord McIntosh of Haringey Deputy Chief Whip (House of Lords), HM Household, Captain of the Queen's Bodyguard of the Yeomen of the Guard (HM Household) (Deputy Chief Whip, House of Lords)

The cost of the Government's VAT refund scheme for the main national museums and galleries is set out in Table A.11 of the 2001 Financial Statement and Budget Report.

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